09/30/2022
UAE: Burjeel Holdings sets IPO price range between Dh2 and Dh2.45 per share
The final offer price is expected to be announced on Wednesday, October 5
Alternative Investments
09/29/2022
Qatar-Jordan trade reached QAR 624 million in 2021
The Federation of Gulf Cooperation Council Chambers, in collaboration with the Secretariat General of GCC and the Jordan Chamber of Commerce, organised the forum titled ‘New Aspects for Economic and Investment Co-operation’.
09/29/2022
International Securities launches global trading and digital onboarding platform
The new digital platform will enable investors from all corners of the world to generate national investor number and gain access to securities listed on the Abu Dhabi Securities Exchange and the Dubai Financial Market
09/28/2022
Qatar Investment Authority launches new initiative to boost liquidity
Move is an important step to attracting foreign asset managers, it says
09/28/2022
Citi launches Murabaha trade and working capital financing solution for corporate clients
New offering designed to assist clients with their working capital needs in line with Shari’a principles
09/27/2022
Dubai developer Nakheel nears $4.6bn debt restructuring to fund expansion
Government-owned property group seeks to kickstart work at stalled seafront site Palm Jebel Ali
09/27/2022
A European retreat opens the door to Middle East banks in Africa
As European and Chinese banks scale back in Africa to cut costs and redeploy capital to core markets, Middle East lenders are happily jumping in to fill the gap, buying assets and putting more boots on the ground as bilateral trade between the regions inc
09/26/2022
UAE healthcare firm Burjeel plans 11% stake sale in IPO
Final offer price will be announced on October 5
09/23/2022
UAE In-Focus — Salik raises over $1bn in oversubscribed IPO
Nutresa stake offered at $2bn by Abu Dhabi royal firm
09/23/2022
Abu Dhabi Government to showcase more than 100 innovative digital initiatives and projects at “GITEX Global 2022”
More than 30 Government and Academic Entities Gather Under One Roof to Support Digital Transformation in Abu Dhabi
09/22/2022
Marriott International to open over 20 properties across the Middle East
Marriott International’s current portfolio across the Middle East comprises 150 properties with more than 40,000 rooms across 21 brands, in 11 countries and territories
09/22/2022
Emaar Properties fully acquires Dubai Creek Harbour
Shareholders approved a motion to acquire assets from Dubai Holding and the issuance of a mandatory convertible bond
09/22/2022
Saudi Arabia's non-oil exports rose 26% to $7bln in July 2022
Oil exports rose 69% for the period
09/21/2022
Abu Dhabi TAQA’s subsidiary MIPCO secures more than $1bln in financing
The loan will be used to refinance existing debt
09/21/2022
ENOC Group announces 50% Emiratisation during Careers UAE 2022
The various energy career opportunities were revealed during ENOC’s participation at the 21st edition of Careers UAE
09/21/2022
Dubai’s property market urgently needs those new offplan projects
Readily available stock has already been bought, and sellers taking their time on others
09/20/2022
Citibank honours QIIB with ‘STP Award’
“This stems from persistent efforts being exerted whether in relation to training, qualification, and attracting expert cadres or in relation to banking technology used by the bank and keeping pace with the latest technological updates,”
09/19/2022
Oman sovereign fund woos foreign investors as part of diversification push
With the lowest GDP per capita in the GCC, Oman hopes to bolster non-oil income through economic reform
09/16/2022
Saudi ministry signs infrastructure financing deals with banks worth $6.65 billion
Saudi Arabia’s planned projects seek to highlight the Kingdom’s efforts toward economic, social, and cultural diversification in line with Vision 2030.
09/15/2022
EBRD supports green, low carbon investments in Turkey
The EBRD continues to work towards a sustainable future in Turkey by focusing on green financing in the county.